FRANKFURT, Germany — Eight members of OPEC+ decided Dec. 5 to put off increasing oil production as they face weaker than expected demand and competing production from non-allied countries.
December 5, 2024Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Port Operators Threaten to Halt Talks Over Automation Issue
Operators of East and Gulf Coast port terminals said they won’t continue bargaining with union dockworkers if it means giving up their right to invest in semi-automated cargo handling equipment.
December 5, 2024House and Senate Finalize Water Infrastructure Package
Transportation policymakers on Capitol Hill finalized a comprehensive water infrastructure legislative package, paving the way for its end-of-the-year passage.
December 4, 2024MARAD Awards $4.85M to Improve Cargo Flow on Marine Highways
USDOT's Maritime Administration has awarded $4.85 million in grants to fund several marine highway projects including new cargo-handling equipment in Louisiana and Washington.
December 4, 2024ºÚÁϳԹÏÍø Plans Dallas-Fort Worth, Ann Arbor Offices
The company is shutting down its European operations simultaneously, and existing employees in Europe will have to reapply for new jobs.
December 4, 2024EV Charging Firm Ideanomics Files for Bankruptcy
Ideanomics, which owns technology used to charge electric buses and other commercial vehicles, has filed for bankruptcy.
December 4, 2024Nippon Steel Confident It Can Close Widely Opposed US Deal
Nippon Steel reiterated confidence that its $14.1 billion acquisition of U.S. Steel Corp. can be completed by year-end, even as the current and incoming presidents oppose the takeover.
December 4, 2024Stellantis CFO Vows to Rebuild Trust After Exit of CEO
Stellantis NV is working to rebuild trust with dealers, suppliers, unions and governments after a period of tension under former CEO Carlos Tavares.
December 4, 2024Trump Taps Peter Navarro as Trade Counselor
President-elect Donald Trump tapped Peter Navarro as his senior counselor for trade and manufacturing, elevating him to a role similar to the one he played in the first Trump administration.
December 4, 2024Trump’s Energy Nominee Chris Wright Champions Fossil Fuels
Liberty Energy CEO Chris Wright is President-elect Donald Trump's nominee to head the Department of Energy. He favors fossil fuels and has doubts about electric vehicles.
December 4, 2024